Salzgitter AG (SZG) Given a €29.00 Price Target by Barclays PLC Analysts

Barclays PLC set a €29.00 ($34.52) target price on Salzgitter AG (ETR:SZG) in a report issued on Monday. The brokerage currently has a sell rating on the stock.

SZG has been the subject of a number of other reports. J P Morgan Chase & Co set a €40.50 ($48.21) price target on shares of Salzgitter AG and gave the company a neutral rating in a report on Tuesday, July 25th. Jefferies Group LLC set a €39.00 ($46.43) price objective on shares of Salzgitter AG and gave the company a neutral rating in a research note on Friday, August 11th. Deutsche Bank AG set a €44.00 ($52.38) price objective on shares of Salzgitter AG and gave the company a buy rating in a research note on Wednesday, July 26th. Goldman Sachs Group, Inc. (The) set a €41.00 ($48.81) price objective on shares of Salzgitter AG and gave the company a neutral rating in a research note on Thursday, August 10th. Finally, DZ Bank AG reiterated a neutral rating on shares of Salzgitter AG in a research note on Wednesday, July 5th. Five equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating and four have given a buy rating to the company’s stock. Salzgitter AG currently has an average rating of Hold and a consensus price target of €38.24 ($45.53).

Shares of Salzgitter AG (ETR:SZG) opened at 37.891 on Monday. The stock has a market capitalization of €2.05 billion and a PE ratio of 19.943. The company has a 50-day moving average of €37.63 and a 200-day moving average of €35.14. Salzgitter AG has a 12 month low of €26.12 and a 12 month high of €39.49.

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About Salzgitter AG

Salzgitter Aktiengesellschaft, through its subsidiaries, engages in steel and technology businesses worldwide. It operates through Strip Steel, Plate/Section Steel, Mannesmann, Trading, and Technology business units. The Strip Steel business unit manufactures branded and special steels, such as hot-rolled strip steel, cold-rolled steel, sections, tailored blanks, and components for the construction industry.

Analyst Recommendations for Salzgitter AG (ETR:SZG)

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